Overview
What is Primrose Properties Inc?
Primrose Properties Inc is a nonprofit organization, primarily established to support Primrose Center Inc, a related 501(C)(3) organization. Based in Orlando, Florida, Primrose Properties Inc manages and leases both personal and real property for the benefit and use of Primrose Center Inc. Its primary function is to acquire, hold, and sell property that serves the needs of Primrose Center Inc. In essence, Primrose Properties Inc acts as a property management entity, ensuring the smooth operation of the facilities utilized by Primrose Center Inc for its charitable activities.
Is Primrose Properties Inc legitimate?
Primrose Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Primrose Properties Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
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What is the mission statement of Primrose Properties Inc?
Primrose Properties Inc's primary role is to acquire, hold, and sell real and personal property for the benefit of Primrose Center Inc, a 501(C)(3) organization. The company manages these properties to support the operations of Primrose Center Inc. In essence, Primrose Properties Inc acts as a property management entity, providing resources necessary for Primrose Center Inc to carry out its charitable activities. The properties acquired and managed by Primrose Properties Inc are used by Primrose Center Inc for its operations. The company's mission is aligned with supporting the mission of Primrose Center Inc, which is not specified in the provided information.
Who is the CEO of Primrose Properties Inc?
James White Ii is the CEO of Primrose Properties Inc The CEO's salary of Primrose Properties Inc is $0 and their total compensation is $0.
What is the revenue of Primrose Properties Inc?
Primrose Properties Inc's revenue in 2024 was $299,856.
Who are the executives of Primrose Properties Inc and what are their salaries?
Here are 9 key members and their salaries (Primrose Properties Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Primrose Properties Inc?
Primrose Properties Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Primrose Properties Inc
Primrose Properties Inc, as a supporting entity, is dedicated to procuring, maintaining, and selling real and personal property for the benefit of Primrose Center Inc, a non-profit organization. The primary role of Primrose Properties Inc is to manage these properties, ensuring they are utilized effectively by Primrose Center Inc for its operations. By doing so, Primrose Properties Inc plays a crucial role in supporting the mission of Primrose Center Inc, which is not specified in the provided information. However, it can be inferred that Primrose Properties Inc contributes to the overall objectives of Primrose Center Inc, which may include charitable activities or community services.
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Impact
October, 2024
Primrose Properties Inc plays a vital role in enhancing community resources through its strategic acquisition, management, and leasing of real and personal property. By focusing on properties that support the operations of the Primrose Center, Inc, this organization helps ensure that essential services are provided to the community effectively and sustainably. The management of these assets not only facilitates the smooth functioning of the Primrose Center but also contributes to the overall improvement of the community in Orlando, Florida.
Through its activities, Primrose Properties Inc empowers the Primrose Center to advance its mission, which likely involves offering support services, enrichment programs, or other community-focused initiatives. This synergy between the properties managed by Primrose Properties and the services rendered by Primrose Center creates a lasting impact, fostering a supportive environment that benefits local residents and enhances community well-being.
This information is meant to be a general summary of Primrose Properties Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $12,165
- Program Service Revenue: $282,708
- Gross Receipts: $299,856
Assets and Liabilities:
- Total Assets: $3,967,465
- Total Liabilities: $430,797
- Net Assets: $3,536,668
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME FROM CEN
Revenue
$282,708
Organization Details
Founding Year
2004
Principal Officer
Leslie North
NTEE Category
Code: S47 - Community improvement
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